Update from Seat Son last night. This latest round of attacks from Iran has not affected the UAE at all. He suspects a bunch of back room deals were involved, as by common understanding on the ground in the UAE business circles, the UAE has some commercial and financial leverage over Iran.
He says life is going on pretty much as normal now. The outflow of people has largely stopped - all those who want to leave have already left. he says house purchase prices have fallen by 10% or so, particularly at the top end, but the rental market is very tight - many people who might have bought a house are now looking to rent for a while (himself included). He isn't sure about the inflow of expats, but says his organisation and several others are actively recruiting due to growth in business (he's a lawyer). He says its hard to tell the impact on tourists because it is now summer which is the off season - it was a balmy 43 degree as we spoke. But he suspects that people will hold off on their winter bookings for a bit longer yet just to see if things stay "stable" (his word!) or if it goes downhill again. He agreed with reports that a number of hotels, restaurants etc have closed down - and reminded me he had told me that a few months ago.
There have been substantial attacks in Kuwait, Iraq, Bahrain, Qatar and Saudi.